Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman
- Lim Boon Heng will step down as Temasek chairman in October 2025, after leading the organization since 2013.
- Teo Chee Hean has been appointed as the new chairman and will join Temasek's board as deputy chairman on July 1, 2025.
- During Lim's tenure, Temasek's net portfolio value increased from $223 billion in March 2014 to $389 billion in March 2024.
- Temasek was ranked first in the Global Sovereign Wealth Fund's governance, sustainability, and resilience scoreboard in 2023 and 2024 under Lim's leadership.
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Singapore's Temasek appoints former deputy PM Teo Chee Hean as next chairman
SINGAPORE: Singapore’s state investment company Temasek Holdings said on Friday that former minister Teo Chee Hean will join its board of directors as deputy chairman on July 1, and succeed Lim Boon Heng to become its fifth chairman on October 9.
·Malaysia
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